Fairfax Financial (TSE:FFH) PT Set at C$2,600.00 by Raymond James

Fairfax Financial (TSE:FFH) has been given a C$2,600.00 price target by investment analysts at Raymond James in a note issued to investors on Friday,BayStreet.CA reports. The brokerage currently has an “outperform” rating on the stock. Raymond James’ price target points to a potential upside of 30.54% from the company’s current price.

Several other research firms have also issued reports on FFH. Cormark upped their price objective on Fairfax Financial from C$2,125.00 to C$2,250.00 in a research note on Tuesday, February 18th. CIBC increased their price target on Fairfax Financial from C$2,400.00 to C$2,500.00 in a research note on Monday, March 10th. Five investment analysts have rated the stock with a buy rating, According to MarketBeat, Fairfax Financial has a consensus rating of “Buy” and an average target price of C$2,196.43.

Fairfax Financial Trading Up 2.8 %

Shares of Fairfax Financial stock traded up C$55.00 during trading on Friday, hitting C$1,991.74. 11,937 shares of the stock were exchanged, compared to its average volume of 66,949. The company has a fifty day moving average price of C$2,015.47 and a 200-day moving average price of C$1,931.28. The stock has a market capitalization of C$31.95 billion, a price-to-earnings ratio of 7.63, a price-to-earnings-growth ratio of 0.27 and a beta of 0.83. Fairfax Financial has a 1-year low of C$1,425.00 and a 1-year high of C$2,153.96.

Insider Transactions at Fairfax Financial

In other Fairfax Financial news, Director Brian David Young sold 3,337 shares of Fairfax Financial stock in a transaction on Wednesday, March 12th. The stock was sold at an average price of C$1,934.05, for a total value of C$6,453,923.52. Also, Director F. Brian Bradstreet sold 1,000 shares of the company’s stock in a transaction on Wednesday, March 19th. The shares were sold at an average price of C$1,985.00, for a total value of C$1,985,000.00. Over the last 90 days, insiders sold 6,642 shares of company stock valued at $13,178,144. 3.76% of the stock is currently owned by corporate insiders.

About Fairfax Financial

Fairfax Financial Holdings Limited, through its subsidiaries, provides property and casualty insurance and reinsurance, and investment management services in the United States, Canada, Asia, and internationally. The company operates through Property and Casualty Insurance and Reinsurance, Life insurance and Run-off, and Non-Insurance Companies segments.